Quote from: Yamifoud on January 12, 2023, 09:33:28 PM

Quote from: Wakate on January 11, 2023, 10:17:58 PM

Quote from: upcomingdao on December 14, 2022, 04:49:12 AM

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

That was how the bull market also lasted for a longer time when investors were very happy to hold random projects that made some random persons a real crypto millionaires and billionaires. When should not be too pessimistic about the current market now because everything has different time to happen. This bear market had not even lasted for 2 complete years and some persons had been very confused when the bear wood ever end or not. There are so many fud in the market now and I still don't know why many investors had been so depressed about it.

In the previous bear season, it takes almost 3 years before it recovers, maybe that still happens again in this cycle. We are still in the first month of this year 2023 and I expect a lot of changing will happen someday whether it will be a pump or a dump. But for me, I was expecting the bear season to stay the whole year of 2023. So I think we need to extend our patience and keep ourselves calm, we don't let our emotions burst out because this will also help the market to dump more instead of helping out to move high.

Bitcoin has surged to $23k, and many believe that bear season is over and bitcoin is on a rebound in search of a bull season this year. But I still believe that history will repeat itself, bear season will last 2 to 3 years before it really ends. As you said, we need to be patient and not get too excited when we see a bitcoin rally, things can reverse at any time. Honestly, I still can't believe we've bottomed or the bear season is really over, I'm still thinking about another crash in the future.